Meetings
NDM6146 Plaid Cymru debate
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Meeting: 16/11/2016 - Plenary - Fifth Senedd (Item 5)
Plaid Cymru debate
NDM6146
Rhun ap Iorwerth (Ynys Môn)
To propose that
the National Assembly for Wales:
1. Notes that
the UK Government is reported to have received £8 billion from the Mineworkers'
Pension Scheme (MPS), in accordance with current arrangements which sees it
receiving 50 percent of the MPS surplus, and further notes that the UK
Government received £750 million in surplus payments in 2014 alone;
2. Calls for a
review of the fifty-fifty surplus sharing arrangement between the UK Government
and MPS, as advocated by the National Union of Mineworkers.
3. Calls on the
Welsh Government to work with other devolved administrations, and local and
regional leaders in England, to secure a UK Government review of the MPS
surplus arrangements and to seek a continuation of the UK Government to act as
guarantor of the MPS.
The
following amendment has been tabled:
Amendment 1.
Paul Davies (Preseli Pembrokeshire):
Add
as new point at end of Motion:
Recognises
that the presence of the guarantee has enabled the trustees to invest in a way
that has generated surpluses and as a consequence bonuses to members.
Minutes:
The item started at
15.01
NDM6146 Rhun ap Iorwerth (Ynys Môn)
To propose that the National Assembly for Wales:
1. Notes that the UK Government is reported to have received £8 billion
from the Mineworkers' Pension Scheme (MPS), in accordance with current
arrangements which sees it receiving 50 percent of the MPS surplus, and further
notes that the UK Government received £750 million in surplus payments in 2014
alone;
2. Calls for a review of the fifty-fifty surplus sharing arrangement
between the UK Government and MPS, as advocated by the National Union of
Mineworkers.
3. Calls on the Welsh Government to work with other devolved
administrations, and local and regional leaders in England, to secure a UK
Government review of the MPS surplus arrangements and to seek a continuation of
the UK Government to act as guarantor of the MPS.
The motion was
agreed in accordance with Standing Order 12.36.